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$570,885Estimated home value

Beds
5
Baths
4.0
sq ft
2,875

508 Nightingale Court, Wake Forest, NC 27587

508 Nightingale Court

Wake Forest, NC 27587

  • Sold On 8/5/2024
    • Price drop $9,000↓
$5000 CLOSING COST CREDIT TO THE BUYER IF CLOSING IN JULY. Welcome to 508 Nightingale Court, a captivating home located in the esteemed ''Traditions of Wake Forest'' community. This beautiful residence features an open floor plan with a first-floor guest suite that can also serve as an office or study. With 5 bedrooms and 4 bathrooms, the home offers ample space for family and guests. The first floor boasts stunning hardwood floors, a formal dining room, and a gourmet kitchen equipped with ceramic tile, a stylish backsplash, granite countertops, crown and chair molding, a Sub-Zero refrigerator, a Wolf gas stove with pot-filler, and a Miele built-in coffee maker. The grand master suite features a tray ceiling, and the open loft area adds additional living space. Every bathroom is adorned with ceramic and marble finishes. The home is wired for a surround sound system. The screened porch and 14x14 patio provide perfect spaces for outdoor relaxation. Additional features include a side garage door, a premium lot with an irrigation system, and more. This home combines luxury and functionality in a prime location. The Traditions amenities are fabulous! Some of the highlights include paved bike and walking trails, a clubhouse with elegant stone fireplaces and patios, and a state of the art saltwater pool. The reservoir provides opportunities for boating and fishing. Featuring aerobics classes, cooking classes, yoga classes, and a community garden, Traditions provides enough activities to keep you busy throughout the entire year!

Details

Property type

Single Family Residence

Est. home value

$570,885

Lot size

6,534 sq ft

Price per sq ft

$192

Year built

2015

Annual property taxes

$4,583.2

Monthly HOA fee

$78.33

Price History

07/31/2024
TriangleMLS

TriangleMLS #10032129

Sold
$545,000
-0.91%
07/06/2024
TriangleMLS

TriangleMLS #10032129

Pending
$550,000
06/24/2024
TriangleMLS

TriangleMLS #10032129

Price change
$550,000
-1.61%

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Clubhouse, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$188,583
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$317,417
Cash to seller
$188,583

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Horizon Bank

Loan start date

June 2020

Original loan amount

$349,125

Est. remaining balance

$317,417

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

John Chandler Arthur and Catherine Ann Arthur

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 09/12/2024 at 11:40 AM

Listed by: Kate Kenney, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10032129

TriangleMLS logo

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